Bespoke Extracts, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 19, 2022 at 03:46 pm EDT
Share
Bespoke Extracts, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.000346 million compared to USD 0.014256 million a year ago. Net loss was USD 1.01 million compared to USD 0.24694 million a year ago.
For the six months, sales was USD 0.003407 million compared to USD 0.020004 million a year ago. Net loss was USD 1.98 million compared to USD 0.528075 million a year ago. Basic loss per share from continuing operations was USD 0.45. Diluted loss per share from continuing operations was USD 0.45.
Bespoke Extracts, Inc. operates in the regulated cannabis markets in the United States. The Company owns, manufactures, and distributes a portfolio of cannabis consumer packaged goods brands including Fresh Joints, Box-O-Joints, and Wee Joints, to licensed marijuana dispensaries across Colorado. Through its wholly owned subsidiary, Bespoke Extracts Colorado, LLC, the Company operates Wonderleaf LLC (WonderLeaf), a marijuana-infused products production facility in Aurora, Colorado. The Company manufactures a range of premium pre-rolled joints. The Company has offered cannabis products focusing on two primary categories: Branded Products and Processing Business. It plans to pursue production of brands of pre-rolled joints and other processed marijuana products under newly created brand names. It also plans to explore licensing existing brands from other states and producing them in Colorado.